Apple Inc.’s iAd mobile-advertising business has cut rates by as
much as 70 percent as some marquee clients are using rival
services, two people with knowledge of the matter said, signaling
the company is struggling to parlay its technology leadership into
success in the ad industry.

Are any developers making good money from iAd? I’m not aware of any.

During his introduction of iCloud in the WWDC keynote, after he revealed that the service would be free of charge and without ads, Steve Jobs said: “We build products that we use too, and we just don’t want ads.” When he said that, I remember thinking, yeah, that’s an obvious shot at Google, but Jobs really sounded like he meant it. He really doesn’t want ads next to his email.

But I also remember thinking that it didn’t sound like the sort of sentiment you’d expect to hear from the CEO of a company running a would-be major mobile ad network.